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Italian Restaurant with Takeout Counter

5 New Karner Road Unit 3, Guilderland, NY 12084

For Sale
New
$349,000

A permitted 2017 kitchen installation includes four deck ovens and three hood systems.

Property Size12,206 SF
Price / SF$28.59
Days on Market6

Property Features for 5 New Karner Road Unit 3

General Information

Standard status Active
Size 12,206 SF
Property subtype Commercial

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Year Built 2008
Year Renovated 2017
Listing Agency: Hanna Commercial
Listed By: Philip Sabatino · License #10401299525
Source: Signatureonerealtygroup
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 4:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial

Rey
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Investment Insights

Based on property information with market context.

This 2,326-square-foot pizzeria and full-service Italian restaurant has operated in the neighborhood since 2008. The restaurant includes a sit-down dining room, bar, separate takeout counter, walk-in cooler, full refrigeration, four deck ovens, and three hood systems. A beer and wine license is in place, and the 2017 buildout is fully permitted.

The restaurant occupies a signalized corner at Route 20 and Route 155 in Guilderland. Its operating schedule leaves Sunday, Monday, and Tuesday closed; the business generates its volume across the other four days. Lease options extend through 2037.

Key Highlights

  • 2,326 SF restaurant with dining room, bar, and separate takeout counter
  • Fully permitted 2017 buildout
  • Four deck ovens and three hood systems

Property Analytics

Current Use

Marisa's Place Restaurant Albany Med EmUrgentCare Medical Clinic NBT Bank Bank Steven N Barr Alternative Medicine Practice

Suggested Use

Top Pick Hair Salon HVAC Service Parking Lot & Garage Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 40% Apparel 9% Electronics 2%
Starbucks Dining
16,444 visits/mo 0.3 miles
Burger King Dining
14,992 visits/mo 0.2 miles
Dunkin' Donuts Dining
14,623 visits/mo 0.2 miles
Splash Car Wash Express Shops & Services
13,604 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,052 visits/mo 0.4 miles

Demographics for 12084, NY

4,658
Population
2,332
Households
2
Avg Household Size
37
Median Age
60%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
1,226
Density / Sq Mi
$86,968
Median Household Income
$56,875
Median Earnings
$1,589
Median Rent
$325,800
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Albany County, NY

$286 Jul
$245 Aug
$253 Sep
$271 Oct

Properties on Market for Conventional restaurants in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A permitted 2017 kitchen installation includes four deck ovens and three hood systems.
Where is this conventional restaurant located?
The property is located at 5 New Karner Road Unit 3 Guilderland, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,326 SF restaurant with dining room, bar, and separate takeout counter; Fully permitted 2017 buildout; Four deck ovens and three hood systems
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